HALIFAX, April 8 /CNW/ - On April 8, 2011 the Board of Directors of Emera Inc. (TSX: EMA EMA.PR.A) approved a quarterly dividend of $0.3250 per common share payable on and after May 16, 2011 to common shareholders of record at the close of business on May 2, 2011; and a quarterly dividend of $0.2750 per Series A First Preferred Share payable on and after May 16, 2011 to Series A First Preferred shareholders of record at the close of business on May 2, 2011.
Pursuant to the Income Tax Act (Canada) and corresponding provincial legislation, Emera Inc. hereby notifies its common shareholders and its Series A First Preferred shareholders that such dividends declared qualify as eligible dividends.
About Emera Inc.
Emera Inc. is a growing energy and services company with $6.3 billion in assets and revenues of $1.6 billion. The company invests in electricity generation, transmission and distribution as well as gas transmission and utility energy services. Emera's strategy is focused on the transformation of the electricity industry to cleaner generation and the delivery of the clean energy to market. Emera operates throughout northeastern North America, in three Caribbean countries and in California. More than 80% of the company's earnings come from regulated investments. Emera shares are listed on the Toronto Stock Exchange and trade under the symbol EMA. Additional Information can be accessed at www.emera.com or www.sedar.com.
SOURCE EMERA INC.
For further information: Nancy Tower, FCA, Chief Financial Officer, (902) 428-6991; Jill MacDonald, CA, Manager, Investor Relations, (902) 428-6486